Exane BNP Paribas Downgrades Carvana to Neutral
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Chris Bottiglieri has downgraded Carvana (NYSE:CVNA) from Outperform to Neutral.
October 12, 2023 | 11:52 am
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Carvana's stock rating has been downgraded from Outperform to Neutral by Exane BNP Paribas analyst Chris Bottiglieri.
Analyst ratings often influence the short-term price of a stock. A downgrade from Outperform to Neutral suggests that the analyst believes the stock may not outperform the market in the near future, which could lead to a decrease in demand and potentially a decrease in the stock's price.
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IMPORTANCE 80
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